Overdraft with salary transfer
The practical credit limit
Consumer overdraft from Texim Bank, through which:
- You always have extra funds
- No fixed repayment plan
- You meet unexpected expenses easily
- You only pay interest on the borrowed amount
- You get free mobile banking
- Convenient debit card account
Benefits:
You only apply once
Renew every year for free
Flexible
You use the limit entirely or in parts, at your discretion
Economical
You only pay interest on the amount used at the end of the month
Convenient
You have the funds at your disposal at any time
Parameters
See more about your overdraft from Texim Bank! Convenient, flexible, and economical!
Overdraft with salary transfer
Maximum amount
Up to two net salaries, maximum up to BGN 4 000
Annual interest rate
- From a minimum of 7.5%. It is determined individually, depending on your credit rating.
- The annual interest rate is variable and forms from the referent interest rate on personal loans in BGN, increased by a fixed allowance.
Term
1 year with renewal option, no repayment requirement at the end of the period
Response from the bank and receipt of the funds
You will receive an answer from us within two hours. The amount will be available on your account within the working day after concluding the overdraft agreement
Fees
- Credit risk assessment fee – 1% on the authorized limit once;
- Without annual renewal fee;
- A one-time fee for opening an account of BGN 3.00 and a monthly fee for servicing a debit card account of BGN 2.50;
- No early repayment fee.
Requirements
- At least one salary or monthly income deposited into an account at Texim Bank;
- Open-ended employment contract with an expired probationary period;
- Good credit history;
Representative example
The annual percentage of costs is 10.94% for an overdraft of BGN 4,000. with a variable annual interest rate of 7.50%, a salary transfer for a period of 1 year, with a credit risk assessment fee of BGN 40, and a fee for opening a card current account of BGN 3.00. and monthly service BGN 2.50. with a single repayment at the end of the period. Total amount due with interest, fees, and commissions – BGN 4,412.50.